Enhancing competitiveness and fostering sustainable growth: methodological issues and empirical results

European Central Bank, Frankfurt am Main, 25 - 26 June 2015

Conference material

Thursday, 25 June 2015

Introduction

Welcome address by Peter Praet, Member of the Executive Board, European Central Bank

Introductory remarks, Filippo di Mauro, European Central Bank

Session 1: Global Value Chains

Import Competition, Productivity and Multi-Product Firms, Emmanuel Dhyne, Amil Petrin, Valerie Smeets, Frederic Warzynski

“The Trade and Import Demand Nexus – Any Changes From Global Value Chains?”, Alexander Al-Haschimi, Frauke Skudelny, Elena Vaccarino, Julia Wörz

Academic panel

Session 2: Resource Allocation and Growth

“Capital Allocation and Productivity in South Europe”, Gita Gopinath, Sebnem Kalemli-Ozcan, Loukas Karabarbounis, Carolina Villegas-Sanchez

“Productivity, Misallocation and Trade”, Antoine Berthou, Charlotte Sandoz, Kalina Manova

Academic panel

Round Table: Towards Sustainable Growth

Rapporteurs: João Amador and Antoine Berthou

Panellists: Boris Vujčić, Giancarlo Corsetti

Friday, 26 June 2015

Session 3: Trade and Competitiveness

“It takes (more than) a moment: Revisiting the link between firm productivity and aggregate exports”, Giorgio Barba Navaretti, Matteo Bugamellli, Emanuele Forlani, Gianmarco I.P. Ottaviano

“Unravelling Firms: Demand, Productivity and Mark-ups Heterogeneity”, Emanuele Forlani, Ralf Martin, Giordano Mion, Mirabelle Muûls

Academic panel

Session 4: Firm Heterogeneity and the Business Cycle

“Exchange rate movements, firm-level exports and heterogeneity”, Antoine Berthou, Calin-Vlad Demian, Emmanuel Dhyne

“Demand learning and firm dynamics: evidence from exporters”, Nicolas Berman, Vincent Rebeyrol, Vincent Vicard

Academic panel

Round Table: Engine for Growth, Structural Reforms and Monetary Policy

Chair: Athanasios Orphanides

Rapporteurs: Paloma López-Garcia and Konstantins Benkovskis

Panellists: Paolo Pesenti, Debora Revoltella and Dirk Pilat

Poster Session

Hosted by Filippo di Mauro (ECB), Chairman of CompNet

The conference was on the following fields:

  • Trade and productivity, including firm heterogeneity and trade, exchange rate and pass-through, and price and non-price competitiveness
  • (Mis)allocation of resources and the role of institutions
  • (Mis)allocation of resources and credit constraints
  • Potential growth and the business cycle
  • The role of global value chains, including firm boundaries and competitiveness, cross-country spillovers and domestic impact on productivity

Contact

Filippo di Mauro, Email